Friday Market Climbs | Wall Street Today

The market overall advanced Friday. Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded +0.35%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.97%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.16%.

Within industries tracked by moomoo, department store giants climbed, led by a 6% jump in $Macy's (M.US)$. The firm was in the news Friday morning in a Barron's article written by Jacob Sonenshine, who wrote the firm may be a target for M&A action under a more accepting deal environment under the Trump Administration. The firm is due to report earnings next week, November 26th.

$Crude Oil Futures(JAN5) (CLmain.US)$ climbed above 70 finally, in a risk premium increase MT Newswires attributed to recent missile barrages and escalation in the Russian-Ukraine war. MT Newswires also reported Baker Hughes counted one more oil rig that went online in the US.

$Bitcoin (BTC.CC)$ broke another all-time high, at 99,800 this morning. Gold and silver climbed, $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ climbed and the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ fell.

$Super Micro Computer (SMCI.US)$ climbed 22%, after earlier this week, the firm said it submitted a plan to release its six-month delayed 10k with a new auditor, BDO USA, and filed for a time extension to file its report with the Nasdaq exchange. It was the highest advancing stock on the S&P 500.

In second place, $Copart (CPRT.US)$ climbed 8% after reporting Q1 earnings that showed its service segment pulled in more than analysts had expected. The car auction website reported revenue jumped 12% in the quarter to $1.14B and a profit of $362.1M.

$Reddit (RDDT.US)$ shares are moving more than 6% lower on Friday following a report suggesting that shareholder Advance Magazine Publishers, Inc. plans to establish a credit facility using its stake in the company, Benzinga reports.

Leading the $Russell 2000 Index (.RUT.US)$, $Replimune (REPL.US)$ climbed a whopping 44% intraday after the pharma company submitted a treatment for Melanoma to the FDA for an 'Accelerated Approval Pathway."

$SoundHound AI (SOUN.US)$ shares are trading 20% higher on Friday after the firm announced deployment of its conversational AI agent, Amelia, that has managed over 100,000 customer calls for Apivia Courtage, an insurance firm.

$Moderna (MRNA.US)$ shares are up almost 7% on Friday, following optimistic remarks made by a senior executive at a healthcare conference about the company's pipeline and financial position.

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